Centricity Wealth Management LLC Purchases New Shares in iShares Russell 1000 ETF (NYSEARCA:IWB)

Centricity Wealth Management LLC acquired a new position in iShares Russell 1000 ETF (NYSEARCA:IWB) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 120 shares of the company’s stock, valued at approximately $39,000.

Other hedge funds have also modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares Russell 1000 ETF in the 4th quarter worth about $51,000. Windsor Capital Management LLC raised its stake in shares of iShares Russell 1000 ETF by 5.9% during the 4th quarter. Windsor Capital Management LLC now owns 699 shares of the company’s stock worth $225,000 after buying an additional 39 shares during the period. Broadview Financial Management LLC grew its stake in iShares Russell 1000 ETF by 18.6% in the 3rd quarter. Broadview Financial Management LLC now owns 8,391 shares of the company’s stock valued at $2,638,000 after acquiring an additional 1,314 shares during the period. Csenge Advisory Group increased its holdings in iShares Russell 1000 ETF by 4.6% in the 4th quarter. Csenge Advisory Group now owns 18,215 shares of the company’s stock worth $5,868,000 after acquiring an additional 794 shares in the last quarter. Finally, Financial Life Planners acquired a new position in iShares Russell 1000 ETF during the fourth quarter worth $122,000.

iShares Russell 1000 ETF Stock Down 1.8 %

Shares of NYSEARCA IWB opened at $329.73 on Friday. The firm has a market cap of $40.47 billion, a price-to-earnings ratio of 24.68 and a beta of 1.01. The company’s 50-day simple moving average is $329.58 and its 200-day simple moving average is $319.92. iShares Russell 1000 ETF has a 52-week low of $271.54 and a 52-week high of $337.76.

About iShares Russell 1000 ETF

iShares Russell 1000 ETF (the Fund), formerly iShares Russell 1000 Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 1000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the large-capitalization sector of the United States equity market and includes securities issued by the approximately 1,000 largest issuers in the Russell 3000 Index.